Source: PlayCore Holdings Inc.
Chattanooga, TN Jan 5, 2015 - PlayCore Holdings, Inc. (PlayCore), a leading designer, manufacturer, and marketer of a broad range of play and recreation products, today announced the acquisition of Power Systems.
Founded in 1986, Power Systems is recognized throughout the sports and fitness industries for its superior selection of fitness, strength training, and sports conditioning products. The company maintains a firm commitment to quality, and their staff is comprised of knowledgeable and professional individuals from numerous fitness and sports disciplines. The acquisition will continue PlayCore’s growth in the fitness market. Day-to-day operations will continue from Power Systems’ facility in Knoxville, TN and will be supported by the management team in PlayCore’s Chattanooga, TN office.
“Our growth story continues to evolve with strategic acquisitions that extend our reach and add value to our customers, and we are excited about this opportunity to increase our presence in the fitness market. The company aligns greatly with PlayCore’s mission and values based culture, is an important new opportunity for us, and supports our mission of building communities through play and recreation,” said Bob Farnsworth, President and CEO of PlayCore.
"We are excited about this next phase for Power Systems,” added Bruno Pauletto, Power Systems’ founder, “as well as the opportunity for growth as part of the PlayCore family of brands."
PlayCore helps build stronger communities around the world by advancing play through research, education, and partnerships. The company infuses this learning into its complete family of brands. PlayCore combines best-in-class planning and education programs with the most comprehensive array of recreation products available to create play solutions that match the unique needs of each community they serve. Learn more at www.playcore.com
About Power Systems
Founded in 1986, Power Systems is recognized throughout the sports and fitness industries for its complete selection, superior customer care and delivery. Power Systems is firmly committed to quality, innovation and service by utilizing a knowledgeable, professional and dedicated team of employees, and a goal to exceed its customers' expectations 100% of the time.
Power Systems' staff, equipped with an intimate knowledge of the exercise industry is comprised of individuals from numerous fitness and sports backgrounds, including certified personal trainers, Certified Strength and Conditioning Specialists and those with backgrounds in exercise physiology, exercise science, recreation, kinesiology and sports medicine. Learn more at www.power-systems.com